Is Margaretta Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
At the same time last year, Margaretta Township was a Seller's Market.
Key Takeaway
Margaretta Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Margaretta Township, OH cost?
Median Sold Price
$195,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Key Takeaway
Homes in Margaretta Township have sold for 14% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | $70K | N/A |
| 2 Bedrooms | $201K | $149K | -25.9% |
| 3 Bedrooms | $170K | $194.5K | +14.4% |
| 4 Bedrooms | $211K | $246.2K | +16.7% |
| 5+ Bedrooms | - | $370K | N/A |
Median Sold Price Compared To Nearby Cities
| Margaretta Township | $171K | $195K | +14.0% |
| Sandusky | $118.7K | $119.1K | 0.4% |
How many homes are available in Margaretta Township, OH?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 10 | 7 | -30.0% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Margaretta Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 48 Days | 112 Days | +133.3% |
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Margaretta Township are taking a long time to sell, it's a good idea to negotiate on homes here.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.